In 1974, John E. “Chip” Akridge, III founded the organization that bears his name with a plan to create a Washington-based commercial real estate leader. The firm has developed millions of square feet since, earning numerous awards, setting ground-breaking precedents, and generating important results for our Clients and investors. To see some highlights of Akridge’s accomplishments over the past four decades, drag the pointer along the timeline below.
  • John E. (Chip) Akridge, III founds the company.
  • Akridge's first development project at 1627 K Street is completed.
  • Property Management department is formed to provide outstanding service to building Clients.
  • In developing 1015 Fifteenth Street, Akridge becomes the first developer to use the “Woodies Act” regulating air rights development.
  • Akridge's first fee development, a new headquarters for the YWCA at 624 Ninth Street, is completed.
  • Akridge delivers 919 Eighteenth Street.
  • 1401 New York Avenue is developed and first third-party property management contract for the National Food Processors Association commences.
  • One-millionth square foot of space is developed while working on 1667 K Street.
  • Akridge delivers 1133 Twentieth Street.
  • Akridge creates "housing linkage program" with the District of Columbia, allowing the transfer of housing requirements and development of affordable housing units in disadvantaged areas of the city.
  • Akridge becomes the first property management company to offer full-service concierge service to office building Clients.
  • Akridge develops 1550 M Street, NW for the American Chemical Society.
  • Akridge becomes the first property management company to offer annual indoor air quality testing in office buildings.
  • The Svatos Company is formed as an Akridge subsidiary, focused on development in suburban jurisdictions.
  • The Homer Building, Akridge's first historic renovation project, is completed.
  • Akridge wins first international The Office Building of the Year (TOBY) Award from BOMA.
  • Akridge develops 1310 G Street.
  • First repositioning project is completed at 815 Connecticut Avenue.
  • Akridge completes fee development of Comsat headquarters at 6550 Rock Spring Drive.
  • Akridge Leasing Department is formed.
  • Akridge receives Inc. Magazine/MCI Positive Performer Award for innovative and superior customer service.
  • Akridge becomes first developer to successfully use the DC Tax Increment Financing Program.
  • 2800 Eisenhower Avenue is acquired as Akridge’s first suburban rehabilitation project.
  • Akridge subsidiary, TSC Realty, is formed to provide suburban brokerage services.
  • Akridge's first Virginia developments are completed at Monument One and Presidents Park in Herndon and at Corporate Pointe Two, Three, and Four in Chantilly.
  • Akridge completes renovation and repositioning of 1307 New York Avenue.
  • Akridge receives first of 11 National Customer Satisfaction Awards from CEL & Associates/BOMA for companies of our size.
  • Matt Klein becomes President.
  • Akridge completes renovation of the historic Victor Building, which is sold to the Smithsonian Institution.
  • Construction begins on Gallery Place – first urban living, working, shopping, dining, and entertainment destination project.
  • The U.S. General Services Administration (GSA) accepts Akridge’s bid for the 15-acre air rights development parcel behind Union Station and plans begin for Burnham Place.
  • The Hartford is completed in Arlington, Virginia – Akridge's first development to incorporate a residential component.
  • Akridge wins the "Best SmartGrowth Master Plan" award from the MD/DC chapter of the National Association of Industrial and Office Properties for Burnham Place.
  • Gallery Place is open for business.
  • Akridge closes on the Burnham Place air rights parcel.
  • Construction begins at 700 Sixth Street, NW.
  • The Akridge Office Fund acquires Half Street, a two-acre property adjacent to Nationals Ballpark in southeast DC.
  • Akridge is selected to develop new Banner Life Insurance headquarters in Urbana Corporate Center, as well as new DC Evidence Warehouse in southwest Washington.
  • Akridge completes first Bethesda acquisition, The Fairmont Building, at 7735 Old Georgetown Road.
  • 700 Sixth Street becomes Akridge's first LEED Platinum certified development.
  • Akridge and Rockwood Capital acquire 7550 Wisconsin Avenue in Bethesda through an online GSA auction.
  • Akridge and First Potomac Realty Trust partner to purchase 1200 Seventeenth Street, NW.
Case Studies
What Our Clients Say
"In my 25 years of owning business research companies, I don’t know that I have seen an enterprise run to higher standard than Akridge."
David Bradley
Chairman, Atlantic Media
600 New Hampshire Avenue, NW